Painted Pony Pete Ltd PDPYF

Energy

"Painted Pony Energy Ltd Petroleum explores, develops, and produces petroleum and natural gas. The company focuses on the development of natural gas and natural gas liquids. The company's operations take place near the Montney formation in Northeast British Columbia. The Montney location is a sweet natural gas-saturated zone (natural gas that does not contain hydrogen sulfide or significant quantities of carbon dioxide) with no associated or underlying water. The company also has multiple gas pr

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Painted Pony Pete Ltd > Royalty trusts and reserves

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Comment by Squint1on Aug 24, 2020 2:51pm

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Post# 31446927

RE:RE:Royalty trusts and reserves

How about -
(1) Banks back off given higher forecast gas prices
(2) small land parcels sold for cash

______________________________________________

Indicator wrote: Oldnagger, please help me see your plan more clearly.
Your hopeful scenario seems to be something along these lines:

1a) Encourage enough voters to vote NO
1b) CNRL's bid becomes null and void

2a) The bank calls its loan?
2b) A white knight comes forth?
2c) A Royalty firm steps up?
2d) We all gather in a prayer circle demonstrating outside the PM's house . . . .. . . . ???

Ok, item 2d aside, as previously stated, I'd like to see this work out far better than it appears to be, so your feedback is appreciated.